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Superannuation

Macquarie Clean Tech Fund raises $120m

ALEX DUNNIN  |  THURSDAY, 14 DEC 2006
Macquarie Funds Management Group has closed the first stage of its Clean Technology Fund after raising more than $120 million.

CFS raises its glass to $30b for FirstChoice

HAMISH MADDEN  |  WEDNESDAY, 13 DEC 2006
Colonial First State is ending the year on a high as its FirstChoice platform clocks up $30 billion in funds under administration with growth of 50 per cent over the calendar year.

New tool to benchmark personal financials

HAMISH MADDEN  |  WEDNESDAY, 13 DEC 2006
A new online service called Wealth benchmarks will make it possible to benchmark and compare individual financial information, including salary, mortgage, net worth and superannuation.

EQT expands into Queensland

ALEX DUNNIN  |  WEDNESDAY, 13 DEC 2006
Equity Trustees Limited (EQT) has expanded into Queensland, opening its first office in the sunshine state.

Allco hunts niche finance acquisitions

WWW.THESHEET.COM  |  WEDNESDAY, 13 DEC 2006
Allco Finance Group will turn the Allco Hybrid Investment Trust into a listed company and use it as a vehicle for a move into a range of additional finance company activities covering agribusiness finance, lending for property development, mezzanine ...

FKP Core Plus Fund proves attractive

HAMISH MADDEN  |  TUESDAY, 12 DEC 2006
FKP Funds Management today announced that its FKP Core Plus Fund had closed "significantly oversubscribed" after raising $136 million from 17 wholesale investors.

600,000 Understanding Money booklets mailed: Dutton

ALEX DUNNIN  |  TUESDAY, 12 DEC 2006
Since the financial literacy Understanding Money campaign was launched in July this year, 600,000 Understanding Money booklets have been sent out.

FUM climbs to $1.3 trillion trumping national debt

ALEX DUNNIN  |  TUESDAY, 12 DEC 2006
Even though growth in Australian sourced funds under management (FUM) has slowed, it still reached $1.3 trillion at end September, enough to pay off our national debt and still leave us with plenty of spare change for Christmas.

Citigroup puts a cost on climate change

PETER BELL  |  TUESDAY, 12 DEC 2006
A report has just been released by Citigroup consulting analyst Elaine Prior on the effect of climate change on companies within the ASX100.

Aust Meat Industry Super Trust opens to the public

HAMISH MADDEN  |  TUESDAY, 12 DEC 2006
The Australian Meat Industry Superannuation Trust (AMIST) has just gone public offer - good news for those who have been banging on the door for some time trying to join the fund.